On April 22, Sika and Zhejiang Dushan Port Economic Development Zone Management Committee held an investment signing ceremony for Sika’s new production base in Zhejiang in Zurich, Switzerland. Mr. Li Jun, Mayor of Jiaxing City, Mr. Zhong Xudong, Secretary of Pinghu Municipal Party Committee, Mr. Sika Chief Financial Officer.
Adrian Widmer, Head of Sika Global Construction Market Mr. Philippe Jost, Head of Sika Asia Pacific Operations Mr. Stephan
Oderbolz and Ms. Hu Yan, vice president and head of operation of Sika China, led their respective teams to attend the signing ceremony, and relevant leaders of Jiaxing City and Pinghu City attended the ceremony.
Mr. Li Jun, Mayor of Jiaxing City, pointed out that Jiaxing City’s location advantages, mature new material industry and high-quality foreign capital aggregation effect are the best choice for Sika to invest. Mr. Zhong Xudong, secretary of the Pinghu Municipal Party Committee, said that Pinghu City will go all out to assist Sika to start production as soon as possible. Sika Chief Financial Officer Mr.
Adrian Widmer also said that Sika’s investment project in Jiaxing will continue its rapid growth and development in China.
The new production base planned by Sika is located in Zhejiang Dushan Port Economic Development Zone, with a total investment of about 100 million US dollars. After completion, it will become Sika China’s largest production base in China. At the same time, the new production base will introduce Sika’s advanced product lines and production technology, and the production capacity of the first phase of construction will reach nearly 100,000 tons. Construction is scheduled to begin in late 2023 and be operational by the end of 2025.
The Sika products produced by the new production base will cover products and technologies such as fireproof coatings, silicone adhesives, floor coatings, adhesives and waterproof materials, which can be applied to clean energy including photovoltaics, wind power, nuclear power, new energy vehicles and green and low-energy vehicles. Carbon construction and other fields.
At the same time, the new production base will also become an important engine to help Sika realize its sustainable development strategy. The production base will be constructed in strict accordance with international green building standards, and will achieve green and low-carbon operation in future production and operation.
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